Klurig Analytics was interview by Dom Nicastro for a great article in CMS Wire whether marketers are remembering that it is not about social media and social media analytics. Marketers still need to interact face to face, over the phone, live with customers. On the other hand, you also need to monitor your social media … Continue reading Digital Marketing Files: Are Marketers Forgetting to Talk Today?
Social media analytics techniques are constantly advancing. Looking back, we are going through different phases of social media analytics. Based on this concept, we have passed through the first and second phase of social media analytics and we are now entering the third phase. This post gives you a high-level picture of the three phases … Continue reading Phases of Social Media Analytics
Social media analytics is constantly changing and currently it seems that we are moving into phase two. Phase one of social medi analytics was mostly about number of followers, fans, posts and tweets. The idea was that if you have a large number of fans, then you were doing well. That makes sense and often … Continue reading Social Media Analytics
Today (April 13, 2010), Adweek came out with article describing how Vitrue determined the value of a Facebook fan. That got me thinking. First of all, the measurement “$$/fan” is misleading. The measurement should state “$$/fan/year” or month or some time period. Otherwise, it simply doesn’t make sense.
From Social Media ROI – Part 1 and Social Media ROI – Part 2, we saw different ways of calculating the Social Media ROI. In the third part, I am introducing a down-loadable Excel spread sheet (link at the bottom of this post) for calculating the Social Media ROI. The spread sheet is based on … Continue reading Social Media ROI – Part 3
Social Search is a concept that keeps popping up but there does not seem to be a common understanding of what exactly it is. This post will attempt to lay out a definition and then follow up why social search is useful as an online/offline complement to non-social searches like offline library searches or online … Continue reading Social Search
Business benefits of social media and the social movement.
There were 190 million adults online in the USA in 2008. Out of those, 80 million spent on average 14 hours a week in online social networks. There were 11 million social network users in 2005, expected to grow to 115 million in 2013. For businesses and social media marketers, this is a massive pool … Continue reading Social Media – Social Movement – Marketing Potential
Social Media is about relationships. For a business, using social media means building deeper and more trusting relationships with customer.